VMware Income Statement

Financials in millions USD. Fiscal year is March - February.

Millions USD. Fiscal year is Mar - Feb.

Year	2022	2021	2020	2019	2018	2017 - 2004
Revenue	13,350	12,851	11,767	10,811	9,613	Upgrade
Revenue Growth (YoY)	3.88%	9.21%	8.84%	12.46%	15.32%	Upgrade
Cost of Revenue	2,482	2,271	2,043	1,799	1,552	Upgrade
Gross Profit	10,868	10,580	9,724	9,012	8,061	Upgrade
Selling, General & Admin	5,521	5,135	4,478	4,970	4,076	Upgrade
Research & Development	3,317	3,057	2,816	2,522	2,173	Upgrade
Other Operating Expenses	-1	53	-149	-7	10	Upgrade
Operating Expenses	8,837	8,245	7,145	7,485	6,259	Upgrade
Operating Income	2,031	2,335	2,579	1,527	1,802	Upgrade
Interest Expense / Income	304	252	204	149	134	Upgrade
Other Expense / Income	-65	-2	-7	-116	-221	Upgrade
Pretax Income	1,792	2,085	2,382	1,494	1,889	Upgrade
Income Tax	478	265	324	-4,918	239	Upgrade
Net Income	1,314	1,820	2,058	6,412	1,650	Upgrade
Net Income Growth	-27.80%	-11.56%	-67.90%	288.61%	277.57%	Upgrade
Shares Outstanding (Basic)	423	420	420	417	414	Upgrade
Shares Outstanding (Diluted)	426	422	423	425	421	Upgrade
Shares Change	0.82%	-0.20%	-0.47%	0.97%	0.06%	Upgrade
EPS (Basic)	3.11	4.34	4.90	15.37	3.99	Upgrade
EPS (Diluted)	3.09	4.31	4.86	15.08	3.92	Upgrade
EPS Growth	-28.31%	-11.32%	-67.77%	284.69%	276.92%	Upgrade
Free Cash Flow	3,850	3,971	4,080	3,593	3,403	Upgrade
Free Cash Flow Per Share	9.10	9.47	9.72	8.62	8.22	Upgrade
Dividend Per Share	-	27.400	-	-	26.810	Upgrade
Gross Margin	81.41%	82.33%	82.64%	83.36%	83.86%	Upgrade
Operating Margin	15.21%	18.17%	21.92%	14.12%	18.75%	Upgrade
Profit Margin	9.84%	14.16%	17.49%	59.31%	17.16%	Upgrade
Free Cash Flow Margin	28.84%	30.90%	34.67%	33.23%	35.40%	Upgrade
Effective Tax Rate	26.67%	12.71%	13.60%	-329.18%	12.65%	Upgrade
EBITDA	3,330	3,447	3,611	2,516	2,750	Upgrade
EBITDA Margin	24.94%	26.82%	30.69%	23.27%	28.61%	Upgrade
Depreciation & Amortization	1,234	1,110	1,025	873	727	Upgrade
EBIT	2,096	2,337	2,586	1,643	2,023	Upgrade
EBIT Margin	15.70%	18.19%	21.98%	15.20%	21.04%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).